AND SO IT BEGINS?
Greece’s Alpha Bank Freezes e-Transfers until Monday
http://greece.greekreporter.com/2015/06/27/greece-alpha-bank-freezes-e-transfers-until-monday/
It’s 2 In The Morning And Greeks Are Lining Up At ATMs; Alpha Limits Online Banking
Because correlation does not equal causation, we present the following with no comment other than to note that according to Goldman’s estimates (shown below), Alpha Bank, which has announced that web banking will “operate with limited functionality” over the weekend, happens to have the smallest ELA buffer of the four major Greek banks.
And of course, Greek PM Alexis Tsipras has just called for a referendum on euro membership to be held next Sunday.
Draw your own conclusions.
Photo: Long cues at #Greek ATM's after announcement of referendum – @MakridisAkis pic.twitter.com/InrhjHt1Vr
— Conflict News (@Conflicts) June 26, 2015
Δεν έχει περάσει ούτε μια ώρα κ κάτι μου λέει πως σχεδόν όλα τα ATM άδειασαν ήδη! #dimopsifisma pic.twitter.com/9mzu10XG1F
— Marianna Karezi (@MariannaKarezi) June 26, 2015
Picture of people assaulting the ATM in Athens… It's over. #Greece #Tsipras #Europe pic.twitter.com/rdETf2Cw7X
— Alessandro Cuman (@Alecuman) June 26, 2015
Πρωτοφανείς εικόνες στα ΑΤΜ της πόλης – http://t.co/cDuIzuQM04 pic.twitter.com/2CUO14Wk2s
— volosnow.gr (@volosnow) June 26, 2015
On main roads, bank branches ATMs packed with ppl. 01:37am local time.#referendumGR pic.twitter.com/jOgvkO40N9
— Ουίνστον Σμιθ (@Ouinston) June 26, 2015
http://www.zerohedge.com/news/2015-06-26/its-2-morning-and-greeks-are-lining-atms-alpha-limits-online-banking
Well, The referendum is not about Euro at all. It will have these two options:
1) yes to the measures of lenders
2) No to the measures of lenders
Its simple.
If there is going to be any default.. it will be inside Euro for sure. And the desaster will have global impact. Domino effect..
SS